Traderji.com - Discussion forum for Stocks Commodities & Forex

Which online broker allows short selling?

Discuss Which online broker allows short selling? at the Brokers & Demat Matters within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Been reading through the posts here but nothing mentioned about short selling. Is there any ...


Go Back   Traderji.com - Discussion forum for Stocks Commodities & Forex > TOOLS & RESOURCES > Brokers & Demat Matters

Notices

Brokers & Demat Matters Talk about brokers, share transfers, demat matters and depository participant service providers.


Advertise Here

Reply
 
Thread Tools
Sponsored Links
  #1  
Old 21st October 2005, 02:27 PM
Member
 
Join Date: Jul 2005
Posts: 201
Appreciation: 25
pasha is on a distinguished road
Default Which online broker allows short selling?

Been reading through the posts here but nothing mentioned about short selling. Is there any online broker that allows short selling and buying back after a few days?
Reply With Quote
  #2  
Old 21st October 2005, 02:34 PM
Member
 
Join Date: Apr 2005
Location: Asia
Posts: 422
Appreciation: 41
ivanboesky is on a distinguished road
Default Re: Which online broker allows short selling?

I dont think any online broker would allow you to short-sell even intraday. As for going short and covering a few days later, no way!! Short selling is banned in India, and in the absence of a stock borrowing and lending mechanism, even impractical.
Reply With Quote
  #3  
Old 21st October 2005, 02:53 PM
Member
 
Join Date: Aug 2005
Posts: 18
Appreciation: 20
leo885 is on a distinguished road
Default Re: Which online broker allows short selling?

India bulls. Unfortunately only intraday, courtesy SEBI rules.
Reply With Quote
  #4  
Old 21st October 2005, 02:58 PM
Member
 
Join Date: Sep 2005
Posts: 182
Appreciation: 22
joy_verma is on a distinguished road
Default Re: Which online broker allows short selling?

icicidirect also allows it for intraday only
Reply With Quote
  #5  
Old 21st October 2005, 03:56 PM
Member
 
Join Date: Jul 2005
Posts: 201
Appreciation: 25
pasha is on a distinguished road
Default Re: Which online broker allows short selling?

Thanks guys, I believe Kotak also allows it, is it true?
Reply With Quote
  #6  
Old 21st October 2005, 03:58 PM
Member
 
Join Date: Oct 2005
Location: Bangalore
Posts: 352
Appreciation: 31
adilsaleem is on a distinguished road
Default Re: Which online broker allows short selling?

What do u mean by short selling ?
Reply With Quote
  #7  
Old 22nd October 2005, 01:12 PM
Member
 
Join Date: Aug 2005
Posts: 70
Appreciation: 20
bipin61 is on a distinguished road
Default Re: Which online broker allows short selling?

refco allows intraday short selling
Reply With Quote
  #8  
Old 24th October 2005, 12:30 PM
Member
 
Join Date: Nov 2004
Posts: 21
Appreciation: 20
abhinav is on a distinguished road
Default Re: Which online broker allows short selling?

arre yaar all brokers allow short selling intraday. 5paisa, indiabulls, icici i have personally done it. it doesnt make sense not to allow it, even ur regular old fashoned broker allows it intraday. icici squares ur poisiton off at 2:45 or so, indiabulls at 3:10 and 5paisa does not do it even by eod so if u forget to square it off, you will get a short delivery notice and shares will be bought in auction 3 days later. this is bad in some cases, but good if u deliberately wanna be short in a stock till right before market closes.
as far as shorting for more than intraday is concerned, india does not have stock borrowing and lending mechanism in place beacuse of sebi, so that is not allowed, even though i read today that sebi is starting it very soon.
Reply With Quote
  #9  
Old 25th October 2005, 10:13 PM
Member
 
Join Date: Aug 2005
Posts: 7
Appreciation: 20
bhatia1405 is on a distinguished road
Default Re: Which online broker allows short selling?

Short selling is not permitted in India as per SEBI rules.
I think one can take a PUT option rather than short sell you will then have a contract of 3 months.
Reply With Quote
  #10  
Old 31st October 2005, 10:04 PM
Member
 
Join Date: Oct 2005
Posts: 11
Appreciation: 20
Josbarr is on a distinguished road
Default Re: Which online broker allows short selling?

On Which market are you looking at?



Quote:
Originally Posted by pasha
Been reading through the posts here but nothing mentioned about short selling. Is there any online broker that allows short selling and buying back after a few days?
Reply With Quote
Sponsored Links


Reply

Bookmarks


Advertise Here


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads for: Which online broker allows short selling?
Thread Thread Starter Forum Replies Last Post
Your Online Broker trader9 Brokers & Demat Matters 123 Yesterday 07:25 PM
IKFSOF Selling amitavc Introductions 1 21st August 2006 12:48 AM
about selling stocks short abhinav Brokers & Demat Matters 7 2nd June 2006 02:34 AM
questions about online broker! abhinav Brokers & Demat Matters 12 6th March 2006 07:27 AM
need online broker? please help gopu Brokers & Demat Matters 2 12th September 2005 02:14 PM


All times are GMT +5.5. The time now is 01:41 AM.

Indemnity, Disclaimer & Disclosure Notice:
• By visiting Traderji.com you indicate your acceptance of our Forum Rules Disclaimer & Disclosure and indemnify Traderji.com, its associates and related parties of all claims howsoever resulting from the usage of the forum.
Disclaimer: Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility. Traderji.com will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information.
Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.
• All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy of information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. If you find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
 


Copyright © 2001 - 2008, Traderji.com All Rights Reserved.

Recommended Websites - www.TradersEdgeIndia.com - www.TradingPicks.com - www.MasterOfTrading.com